Financial Planning Standards Board reports CFP spike

The number of Certified Financial Planner designees worldwide grew in 2013, according to the Financial Planning Standards Board (FPSB).

According to new figures released by the FPSB – global owner of the CFP program – the number of “CFP professionals” rose by 3.76 per cent in 2013 to 153,376.

The United States had the largest number of new recruits (1,886) followed by China (1,782), Japan (628) and Brazil (356).

"It's clear that the concept of financial planning and the value of Certified Financial Planner certification has taken hold globally," said FPSB chief executive Noel Maye.

"With more than 150,000 CFP professionals committed to rigorous standards of competency, ethics and professionalism, the global financial planning profession stands ready to put clients' interests first and assist them in achieving their financial and life goals."